FRENCH TREASURY
BOND ISSUE TO-DAY REDEEMABLE IN FIVE YEARS (United Press Association.) (By Electric Telegraph—Copyright.) PARIS, November 30. (Received Nov. 30, at 10 p.m.) The Treasury, on December 1, will issue 1,475,000,000 francs in. 5 per cent. Treasury bonds, redeemable in five years. PLACING OF BONDS ASSURED. LONDON, November 30. (Received Nov. 30, at 10 p.m.) The Financial News says the French Government is already assured of placing the bonds. It is believed that the proceeds will be sufficient to cover commitments until’January. Besides, it will serve as a warning to Parliament. The alternative was to raise another sterling credit in London. The Bank of France return, which was published to-day, shows a loss of gold for the week ending November 24 of £17,500,000. Financial authorities say it is foreign capital invested in Paris during the past six or seven years which is being withdrawn.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19331201.2.82
Bibliographic details
Otago Daily Times, Issue 22125, 1 December 1933, Page 9
Word Count
145FRENCH TREASURY Otago Daily Times, Issue 22125, 1 December 1933, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.